Home > Insider Trading > Filing (0001209191-18-030315)

Filing Details

Accession Number:: 0001209191-18-030315
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2018-05-15 18:28:54
Reporting Period:: 2018-05-11

Accepted Time:: 2018-05-15 18:28:54
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1460329	Fluent Inc.	FLNT	Services-Advertising (7310)	770688094

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1660879	Matthew Conlin	C/O Fluent, Inc. 33 Whitehall Street, 15Th Floor New York NY 10004	President	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2018-05-11	5,400	$2.48	4,443,380	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	50,000	Direct
Common Stock	550,000	Direct
Common Stock	2,000,000	Indirect	Held by RSMC Partners, LLC of which the Reporting Person is a member.
Common Stock	1,077,040	Indirect	Held by GRAT in which reporting person is Sole Trustee
Common Stock	20,000	Indirect	Held by Conlin Family Foundation Trust in which the Reporting Person serves as co-trustee

Footnotes

Represents the average purchase of the acquired shares. The highest price at which a purchase was made is $2.55; the lowest price at which a purchase was made is $2.40.
On April 13, 2017, the Reporting Person received a grant of 50,000 RSUs, convertible into common stock of the Issuer on a one-for-one basis. The RSUs vest in three approximately equal installments on February 1, 2018, 2019 and 2020, subject to accelerated vesting under certain conditions.
The Reporting Person has elected to defer delivery of any vested RSUs until the reporting person's separation of service from the Company or death or disability.
On December 8, 2015, the Reporting Person received a grant, subject to stockholder approval, of 550,000 RSUs, convertible into common stock of the Issuer on a one-for-one basis. Stockholder approval was obtained on June 1, 2016. The RSUs are subject to vesting over a three-year period of 30% on January 1, 2017, 30% on January 1, 2018 and 40% on January 1, 2019 (the "Time Conditions") provided, however, that no tranche of RSUs will vest until it is determined that Cogint, Inc. has exceeded certain revenue targets and achieved positive EBITDA in any one fiscal year during the vesting period (the "Performance Conditions"). Cogint, Inc. determined the Performance Conditions were met effective March 14, 2017. Any subsequent tranches will vest in accordance with the Time Condition
The RSUs will immediately vest upon (i) a Change of Control, or (ii) the reporting person's death or disability.
Held by RSMC Partners, LLC of which the Reporting Person is a member.
Held by GRAT in which reporting person is Sole Trustee
Held by Conlin Family Foundation Trust in which the Reporting Person serves as co-trustee